According to preliminary estimates, 1H economic losses in the U.S....
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US hurricane losses could surge by 50% under 2°C global warming, MS Amlin study warns
The findings come as the industry grapples with an intensifying...
Expanding Indian EV Market: Securing Battery Insurance
Battery, making up about 60% of an EV’s total cost often doesn’t...
Coal, the dirtiest fossil fuel, is finally preparing for long goodbye
Thanks to a combination of China’s energy insecurity — pushing Beijing back to trusted power sources — plus rising Indian demand, the continued fallout from the war in Ukraine and faltering international programmes to wean developing economies off fossil fuels, coal...
Records smashed – new WMO climate report confirms 2023 hottest so far
Celeste Saulo (centre), Secretary-General of the World Meteorological Organization (WMO) at the launch of the State of the Global Climate 2023 report on Tuesday From 2021 to 2022, global climate-related finance flows nearly doubled compared to 2019-2020 levels,...
Lloyd’s and UNCDF to run parametric insurance training in climate vulnerable countries
Initially focussing on building and scaling solutions across Fiji and the Pacific Islands, the partnership will also seek to replicate the model in other regions, including Asia and parts of Africa London: Lloyd’s, the world’s leading marketplace for insurance and...
India’s buildings sector to overshoot country’s entire carbon budget: Report
India's buildings sector currently accounts for 25 per cent of the country's GHG emissions. This is expected to rise further as most of the buildings that will exist in the country in the next 30 years are yet to be built New Delhi: Emissions from India's buildings...
Chemicals in plastics far more numerous than previous estimates, report says
While the United Nations Environment Programme (UNEP) had previously identified around 13,000 plastic chemicals, the report by a team of European scientists found more than 16,000 chemicals in plastics — a quarter of which are thought to be hazardous to human health...
Northern winter storms in India now more frequent in summer, raise risk of heavy flooding: study
"The loss of winter snow and the increasing late-season storms that heighten flood risks is a one-two suckerpunch that underscores the urgent need to respond to the far-reaching impacts of climate change in this sensitive region," Kieran Hunt and a co-author of the...
Temperature rise in India due to climate change poses health risks to pregnant women: study
While acknowledging gender as a driver of vulnerability, the study found that most State Action Plans for Climate Change (SAPCC) in India inadequately address these gendered impacts New Delhi: Temperature rise in India due to climate change poses serious health risks...
EU must prepare for ‘catastrophic’ climate change risks, agency says
Without more urgent action, the EEA said most of the 36 climate risks facing Europe could hit "critical or catastrophic levels" this century. They include risks to health, crop production and infrastructure BRUSSELS: Countries across Europe should prepare for...
Generali and UNDP build SME resilience in Asia
A joint research report by Generali and the UNDP report finds that SME growth and survival in Asia are threatened by a range of risks, including climate change, business interruptions, and limited access to capital markets. These risks are intensified by the lack of...
Republican-led states sue US SEC over climate risk disclosure rules
The rules aim to standardize climate-related company disclosures about greenhouse gas emissions, weather-related risks and how companies are preparing for the transition to a low-carbon economy Ten Republican-led states in US have sued to challenge new federal rules...